Cape Verde: Real interest rate
* indicates monthly or quarterly data series
Cape Verde |
Real interest rate: Bank lending rate minus inflation |
---|---|
Latest value | 3.53 |
Year | 2023 |
Measure | percent |
Data availability | 2006 - 2023 |
Average | 6.57 |
Min - Max | -6.76 - 11.01 |
Source | The International Monetary Fund |
The latest value from 2023 is 3.53 percent, an increase from 0.26 percent in 2022. In comparison, the world average is 4.25 percent, based on data from 81 countries. Historically, the average for Cape Verde from 2006 to 2023 is 6.57 percent. The minimum value, -6.76 percent, was reached in 2007 while the maximum of 11.01 percent was recorded in 2014.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Lending-deposit interest rate spread | 7.31 | 2020 | interest rate points |
Bank cost to income ratio | 51.67 | 2021 | percent |
Bank overhead cost | 1.97 | 2021 | percent |
Net interest margin | 4.35 | 2021 | percent |
Bank credit to deposits | 64.45 | 2021 | percent |
Return on assets | 1.47 | 2021 | percent |
Return on equity | 16.49 | 2021 | percent |
Banking system z-scores | 27.09 | 2021 | index points |
Liquid assets to deposits | 44.18 | 2021 | percent |
Non-interest income to total income | 19.37 | 2021 | percent |
Lending interest rate | 7.53 | 2023 | percent |
Real interest rate | 3.53 | 2023 | percent |
Legal rights | 1.00 | 2019 | points |
Credit information sharing | 6.00 | 2019 | points |